Going by the global consumption pattern of construction and material handling equipment for various developed and developing economies, there seems to be huge potential in India. This is also evident from the recent infrastructure development ranking published by World Economic Forum.

JLL India has strategically advised and concluded a marquee transaction for CEAT – the flagship company of RPG Enterprise. The deal involved the purchase of a massive 163-acre land parcel in Chennai to set up a radial tyre manufacturing plant.

A hanging marvel by Abhijit Rajan - that's what the recently inaugurated country's longest hanging bridge across river Chambal in Kota is! Rajan, Chairman & Managing Director, Gammon India, along with its JV partner South Korea's Hyundai Engineering, has been a strong pillar in ensuring execution of this project, which took as many as 10 years to be completed.

The elevator and escalator market in India has registered growth in the last few years on the back increase in number of high-rise buildings, expansion and construction of airports and metros, construction of malls and hotels across the country especially in Tier-I and Toer-II cities, and increasing acceptance in the residential sector.

The recent cyclone and rains in Chennai has certainly brought to the fore the imperatives of constructing buildings that can effectively withstand the furry of natural disasters. Despite being an integral part of our building code, the implementation of disaster-related components has often been compromised by the industry due to multiple reasons.

The Steel Ministry wants lower import taxes on a number of key steelmaking raw materials, including nickel, to protect the domestic industry from the rising costs of basic resources, as per reports. Some of these measures could be announced in this year’s annual budget.

Last year, India and South Korea signed seven bilateral agreements, which included cooperation in the fields of electric power development, new energy industries and road transport and highways. Both countries also agreed to upgrade their ties to a special strategic partnership.